Tracking gains in the base metals at the London Metal Exchange and pick-up in domestic demand, lead prices edged higher by 0.66% to Rs 106.45 per kg in futures trading today.
At the Multi Commodity Exchange, lead for delivery in June moved up by 70 paise, or 0.66% to Rs 106.45 per kg, with a business turnover of 48 lots.
Likewise, the metal for delivery in May edged up by 70 paise, or 0.62%, to Rs 106 per kg with a business turnover of 706 lots.
Market analysts said besides a firming trend in base metals at the London Metal Exchange on the back of strong data from China and a weaker dollar, which raised demand for the commodities, pushed up lead futures prices here.
Meanwhile, lead gained 0.60% to $2,349 per tonne at the LME.
